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Reuters: Business News
  • U.S. to outline $250 billion bank bailout
    BANGKOK/TOKYO (Reuters) - The U.S. Treasury is ready to inject $250 billion into U.S. banks, mirroring moves by other leading countries that have boosted confidence in financial markets and sent the Nikkei soaring 13 percent on Tuesday.

  • Automakers could return to Congress for help
    WASHINGTON (Reuters) - U.S. automakers could turn to Congress after the November election to try to expedite $25 billion in government-backed loans, which Detroit manufacturers consider crucial to reversing their steep downward spiral.

  • Intel watchers ask how ugly the future will be
    SAN FRANCISCO (Reuters) - Technology investors watching as Intel Corp and other semiconductor makers report earnings this week have one question: How bad can it get?

  • Nikkei soars 13 pct, may see biggest gain since '90
    TOKYO (Reuters) - Japan's Nikkei stock average soared 13 percent on Tuesday, taking heart from international government pledges to pour cash into struggling banks and restore confidence in the global financial system.

  • MUFG shares trade at limit-high after Morgan deal
    TOKYO (Reuters) - Mitsubishi UFJ Financial Group shares traded at their daily limit-high of 810 yen on Tuesday after Japan's top bank delivered on a planned $9 billion investment in U.S. firm Morgan Stanley .


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